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Bitcoin News Alerts | Daily BTC News

818: BITCOIN BULL MAX KEISER UPDATES $220K BTC PREDICTION - HERE’S HIS TIMELINE!!

Bitcoin News Alerts | Daily BTC News

Bitcoin News Alerts

Investing, Education, News, Business, Tech News

3.6626 Ratings

🗓️ 18 January 2022

⏱️ 21 minutes

🧾️ Download transcript

Summary

Bitcoin Maximalist Max Keiser says that Bitcoin (BTC) will reach $220,000 at some point this year. In a new interview with Daniela Cambone of Stansberry Research, Keiser explains why his six-digit forecast for the flagship cryptocurrency did not happen in 2021. “As far as 2021 goes, I said we’re going to get to $220,000 per coin, which is a typical four-year cycle. What we had in 2021 was that massive China collapse in mining, in hash power. The mining and the hash power collapsed 50%. We have since recovered that now, and we’re about to hit new all-time high in hash rate. That’s why I’m pushing my $220,000 target from 2021 to 2022.” Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

In today's show, Bitcoin hoddlers under siege at 42,000, as 30% of the Bitcoin supply flips from profit to loss.

0:07.9

And as Mikalbendi Pops shares here, honestly, it would make a lot of sense.

0:11.4

This cycle is longer than the previous one.

0:13.6

The four-year cycles aren't happening anymore due to macroeconomic impacts.

0:17.6

Therefore, this cycle will be higher and longer than everyone expects Bitcoin is bull.

0:22.8

And he also shares here, long-term hoddle or supply reaching high numbers on Bitcoin and didn't

0:27.3

sell off in the past weeks. As a matter of fact, they accumulated a bit more. So should you.

0:32.7

And as Samson Mao shares here, there was a time when Bitcoin miners had to constantly sell

0:37.0

coins to cover costs. This is no longer the Bitcoin miners had to constantly sell coins to cover costs.

0:38.5

This is no longer the case, and miners are now shifting to buy coins in addition to mining them.

0:43.5

Let that sink in. And this shows in breaking news, Bitcoin network is stronger than ever as the hash rate hits a new all-time high and rising.

0:51.6

Also in today's show, missed the wonderful Plans to Invest in Bitcoin Mining Company

0:55.5

Stocks. He was recently interviewed with Pompeiano in this video entitled, Every Country Will Mine,

1:01.1

Bitcoin Soon, and quoting Mr. Kevin O'Leary here, Bitcoin is not a coin, it's a software,

1:06.4

Ethereum is not a blockchain, it's software, it's all software, HBarr software. So what I say is I've seen

1:12.4

this movie before. I was an investor in software engineers 22 years ago with the learning company

1:17.4

when we made educational software. Also in today's show, what bear market? Current BTC price

1:22.9

dip still matches previous Bitcoin cycles, says top analysts, as tech dev shares here,

1:28.0

how do I see Bitcoin impulses and corrections over the cycle bull markets based on new address trends on chain,

1:33.0

at least one more upward impulse to come in my opinion before an impulsive downtrend,

1:37.6

aka bear market begins. Also in today's show, Bitcoin Bull Max Kaiser, updates $220,000

1:43.4

Bitcoin price prediction, and shares his timeline,

...

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